Mar 14, 2024 - News

Phoenix's population has grown by nearly 200K since 2020

Change in population, 2020 to 2023
Data: U.S. Census Bureau; Chart: Axios Visuals

Phoenix added 195,000 people between 2020 and 2023, according to new estimates from the Census Bureau released Thursday.

The big picture: The influx of newcomers represented a 4% population increase.

  • That's compared with a 1% increase nationwide.

Why it matters: The Valley's population growth is, in part, a testament to expanding job opportunities.

Yes, but: Metro Phoenix now has an extreme housing shortage that's driven up house and apartment costs and priced out working class families.

How it works: The new data comes from the Census Bureau's annual Population Estimates Program, which estimates the population between censuses.

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